Pfizer Agrees to Let Other Companies Make its COVID-19 Pill
21 days ago - By Time
Drugmaker Pfizer Inc. has signed a deal with a U.N.-backed group to allow other manufacturers to make its experimental COVID-19 pill , a move that could make the treatment available to more than half of the world's population.
In a statement issued Tuesday, Pfizer said it would grant a license for the antiviral pill to the Geneva-based Medicines Patent Pool, which would let generic drug companies produce the pill for use in 95 countries, making up about 53% of the world's population.
The deal excludes some large countries that have suffered devastating coronavirus outbreaks. For example...
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Pfizer to file for emergency authorization Tuesday for its Covid-19 pill
21 days ago - By STAT
In an anticipated move, Pfizer chief executive officer Albert Bourla said the company plans to ask the U.S. Food and Drug Administration on Tuesday to authorize emergency use of its antiviral pill for combating Covid-19.
Bourla announced the company's intention to file the application earlier than expected at the 2021 STAT Summit. The step comes shortly after the company reported its pill, called Paxlovid, reduced hospitalizations by 89% among patients who started within three days of symptoms and also prevented deaths in a large, randomized study. The disclosure followed news from Merck...
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